⚡️ On August 2, Arthur Hayes, the former CEO of BitMEX, sold from his wallet over six hours 2,373 ETH ($8.32 million), 7.76 million ENA ($4.62 million), and 38.86 billion PEPE ($414,700).
He explained his actions by the expectation of the passage of a tariff bill in the U.S. in the third quarter, which the market believes is supported by employment data.
Additionally, Hayes suggested that the price of Bitcoin could drop to $100,000, and Ethereum to $3,000.
He still has unrealized assets worth about $30 million in his addresses.
The entrepreneur promised to provide more detailed comments at a conference at the end of August, and in the meantime, he plans to 'return to the beach'.
